marine link image
Register now for the Port of the Future Conference • 2 Days, 50 Ports • Houston/Galveston area, TX • April 12–14, 2027

China Extends Waiver on Port Construction Fees

June 24, 2020

© William Messing / Adobe Stock
© William Messing / Adobe Stock

China’s Ministry of Finance said on Wednesday it would extend a waiver on port construction fees for imported and exported cargoes until the end of 2020 from June 30.

The ministry will also extend a reduction in fees paid to the compensation fund for ship pollution until the end of this year.

The move is part of Beijing’s efforts to help business resume amid the coronavirus pandemic and to shore up its export industry.


(Reporting by Muyu Xu and Beijing Newsroom; Editing by Christian Schmollinger)

Logistics News

Gulf Markets Rise on Hopes of Avoiding Future Iran Strikes

Gulf Markets Rise on Hopes of Avoiding Future Iran Strikes

Los Angeles, Long Beach Port Workers Extend Labor Negotiations

Los Angeles, Long Beach Port Workers Extend Labor Negotiations

Maritime Market: Cable Layer Fleet Gains Scale, Scope

Maritime Market: Cable Layer Fleet Gains Scale, Scope

Maritime Training: What Happens Between Seeing a Risk and Speaking Up

Maritime Training: What Happens Between Seeing a Risk and Speaking Up

Subscribe for Maritime Logistics Professional E‑News

TSA officers are not allowed to sit down during ID checks in US airports
Russia claims it has struck Ukrainian defence industry vessels and facilities
US airlines oppose China’s bid to increase flights